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If we are to depreciate agricultural equipment with a cost basis of $ 1 0 0 , 0 0 0 under a MACRS depreciation schedule

If we are to depreciate agricultural equipment with a cost basis of $100,000 under a MACRS depreciation schedule and sell it for $20,000 in year 5, what is its after-tax salvage value if our tax rate is 21%?

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